ScotianBot

ScotianBot

It appears as though BTC is breaking the horizontal resistance of an Ascending Triangle. On the KST there's been a bullish cross where I've placed the blue upward pointing finger. The RSI is fairly overextended, but this doesn't mean it won't stay that way for multiple trading days or weeks. I've placed multiple green fingers on the RSI that correlate to the...

ScotianBot

ETH appears to be trading in a giant Ascending Triangle. There's potential merit for an H&S forming. In a few more trading days we'll see if there will be a re-test of the blue upward sloping support of the Ascending Triangle before a blue sky breakout of the bullish formation. On the KST there's a bullish cross where I've placed the downward pointing finger.

ScotianBot

Or, possibly this pattern plays out as a bullish flag. The KST is displaying a bearish cross where I have placed the red downward pointing finger. Keep an eye on the DMI in the upcoming trading days, if there's a bullish cross it would be very note-worthy for the bullish narrative. Something similar to what happened where I've placed the green fingers. The...

ScotianBot

It appears as though BEV is breaking down from an H&S pattern, the head of the pattern is the red human icon. On the RSI there's a bearish descending triangle. On the KST there is a bearish cross where I have placed the red finger point down. The first price target is 50c. The second price target is 20c. Bevcanna claims to have a 210M bottle production...

ScotianBot

Since my previous chart on Bitcoin linked to this chart, we've seen BTC break-down from an Ascending Triangle after multiple fake-outs to the upside breaking the horizontal resistance; the green upward sloping support has been lost for the being, but is the recent price action merely another fake-out, but to the downside instead? Well, only time will tell, as for...

ScotianBot

It appears as though Hive is slightly breaching the downward sloping resistance of a Bull Flag, recently there was another fake-out to the downside of the horizontal baseline of support but the sp has created a higher low on top of the rising channel for a second time where I have placed the blue fingers. The RSI is already breaching the downward sloping...

ScotianBot

Zcash is the one coin I don't want to chart about, I'd like it to stay cheap for a few years to accumulate, lmao. It appears as though Zcash is about to break the red horizontal resistance of the pattern, and if not the green upward sloping support will need to hold for any validity of the pattern. Unless there's a fake-out to the downside. On the RSI there is...

ScotianBot

It appears as though Bitcoin is forming a micro ascending triangle after recently breaking out to the upside of a similar pattern in green. On the RSI there's a series of higher lows forming an ascending triangle, but the previous two lows are right on the upward sloping support of the pattern and are close to being considered lower lows. On the KST there is a...

ScotianBot

OSTK appears to be consolidating into a giant bullish flag drawn in blue. On the KST there was a bearish cross where I've placed the red upward-pointing finger. I have placed a blue question mark to represent where a bullish cross is potentially going to occur near term. It's always possible this pattern plays out bearishly as a descending triangle, and if that...

ScotianBot Updated 

Since my previous post on Hive linked to this chart, the share price has broken flush to the upside of an Ascending Channel, and upon back-testing old resistance there's been a double bottom where I have placed two blue finger icons, and old resistance has turned into new support forming a bullish flag upon consolidating, inherently bullish in my opinion. On the...

ScotianBot

It appears as though Hive has pulled a fake-out to the downside of a bullish flag & re-tested the top of a rising channel turning it into new support. Hive is now trading back into the bull flag & on the verge of breaking out to the upside any day now considering the price of Ethereum & Bitcoin is continuing to rise and Hive's share price has been highly...

ScotianBot

ETH is potentially on the verge of breaking out of an Ascending Triangle, BTC has recently broken flush to the upside of a similar pattern linked to this chart. On the RSI there's a series of higher lows coinciding with the upward sloping support of an Ascending Triangle similar to the price action. On the KST there's been a bullish cross where I have placed the...

ScotianBot

After breaking out from a crude bullish flag or what could have been considered a descending triangle linked to this post, BTC has consolidated into an Ascending Triangle drawn in light blue. On the RSI there is a similar pattern as the price action, notice the series of higher lows along with the blue upward sloping support of the Ascending Triangle. On the...

ScotianBot

Ethereum is displaying some bullish momentum, breaking the downward sloping resistance on the RSI flush to the upside out of a bullish flag or descending triangle creating a micro higher high. On the KST there has been a bullish cross where I have placed the blue downward sloping finger.

ScotianBot

Or, potentially this pattern plays out bullishly, there's been a bullish cross on the KST, and whales like to negate patterns frequently with fake-outs in either direction before defining a shift in momentum. The RSI is forming what could be considered a bullish pennant pattern, recently there's been a series of higher lows, but on the contrary, there have been a...

ScotianBot

Since my previous post on GBR, we've clearly seen the price breakdown from what appeared like a bullish pennant or potentially a bull flag, but the bearish divergence was/is too strong... Currently, it appears as though the price is breaking down from a bear flag with a head and shoulders pattern noticeable. I have placed a blue human head and body icon to...

ScotianBot

Noticeably in blue, there's a descending triangle or bullish flag forming, and similarly, on the RSI there is an identical pattern. The DMI is displaying a bullish cross where I have placed the blue downward pointing finger.

ScotianBot

It appears as though an Ascending Triangle pattern is forming for GRAMF. The RSI has broken a bullish flag pattern, the downward sloping resistance was pretty consistent until recently, giving the impression of a descending triangle that's now been negated. On the DMI there has been a bullish cross.